Target Hospitality (TH) Long-Term Deferred Tax (2018 - 2022)
Target Hospitality's (TH) quarterly Long-Term Deferred Tax came in at $8.4 million in Q2 2022, down 51.7% year-over-year from $17.3 million in Q2 2021, and down 40.22% quarter-over-quarter from $14.0 million in Q1 2022.
Target Hospitality (TH) Long-Term Deferred Tax (2018 - 2022) Analysis & Trends
Target Hospitality (TH) has reported Long-Term Deferred Tax for 5 consecutive years, with $8.4 million the latest figure, recorded in Q2 2022.
- On a quarterly basis, Long-Term Deferred Tax fell 51.7% year-over-year to $8.4 million in Q2 2022; TTM through Jun 2022 was $8.4 million, a 51.7% decrease from a year earlier, with the FY2021 full-year figure at $14.7 million, down 3.09% from the prior year.
- Long-Term Deferred Tax was $8.4 million for Q2 2022 at Target Hospitality, down from $14.0 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $17.3 million in Q2 2021 and troughed at $6.4 million in Q4 2019.
- A 5-year average of $12.2 million and a median of $12.4 million in 2018 frame the typical range for Long-Term Deferred Tax.
- Across the five-year window, Long-Term Deferred Tax sank 55.23% in 2020 and surged 161.34% in 2021, its largest moves.
- Over 5 years, Long-Term Deferred Tax stood at $12.4 million in 2018, then sank by 48.25% to $6.4 million in 2019, then surged by 136.18% to $15.2 million in 2020, then declined by 3.09% to $14.7 million in 2021, then slumped by 43.17% to $8.4 million in 2022.
- The last three Long-Term Deferred Tax figures came in at $8.4 million (Q2 2022), $14.0 million (Q1 2022), and $14.7 million (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 8.36 Mn |
| Mar 31, 2022 | 13.99 Mn |
| Dec 31, 2021 | 14.71 Mn |
| Sep 30, 2021 | 15.98 Mn |
| Jun 30, 2021 | 17.31 Mn |
| Mar 31, 2021 | 16.91 Mn |
| Dec 31, 2020 | 15.18 Mn |
| Sep 30, 2020 | 12.21 Mn |
| Jun 30, 2020 | 9.10 Mn |
| Mar 31, 2020 | 6.47 Mn |
| Dec 31, 2019 | 6.43 Mn |
| Sep 30, 2019 | 8.01 Mn |
| Jun 30, 2019 | 10.92 Mn |
| Mar 31, 2019 | 14.46 Mn |
| Dec 31, 2018 | 12.42 Mn |
Target Hospitality Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "TH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();